Lauren's therapist was using Cognitive Behavioural Therapy [CBT]. CBT refers to a short term, goal oriented psychotherapy treatment that uses practical approach for problem solving. The principal goal for using this technique is to change the behavior or the mentality that is responsible for the patient problem.
6 Months can be a life insurance policy normally be backdated from the date of the application.
For Example:- Suppose, he/she purchased a policy with maturity duration of 20 years in March 2022 and backdated it to October 2021, the maturity benefits of the endowment policy can be reaped a year before in October 2041 than the initial date in March 2042.
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Answer:
The entry is not required because the outcome is reasonably possible, not certain or probable. So IAS 37 says that the liability must not be recognized as the outcome is not reasonably certain or probable.
Explanation:
The liability must be included in the financial statement only if the outcome is certain or probable. In this scenario, the outcome is reasonably possible but neither certain nor probable in this situation. So the entry in the financial statement is not required. If the liability is of a huge amount then IAS 37 says that their must be a disclosure in the financial statement notes about the lawsuit.
Answer:
c. because P > MC, a basic condition for efficiency is violated.
Explanation:
An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.
In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).
Where P is the price and MC is the marginal cost of goods.
Answer:
Goods shipped by the owner to the consignee who sells the goods for the owner.
Explanation:
Consignment goods -
It refers to the goods holded by the consignee which is responsible for selling the goods , is referred to as consignment goods .
The consignee receives certain amount of money as commision for the goods .
This method is used by many manufacturing firm , to have a smooth and proper distribution of goods and services .
Hence , from the given question ,
The correct option is first one .